This expedited microloan allows eligible applicants to borrow up to $25,000. The funds can be used for a variety of purposes including:
- working capital
- equipment purchases
- refinance existing higher cost debt
*This loan is not available for real estate purchases.
The decision on whether to lend is made by CEI within three business days. Factors that CEI considers for loan approvals include credit scores and proof of working with a business advisor.
If you would like additional assistance, free and confidential business advising services are available through CEI’s Business Development Services.